Teekay Tankers Ltd's Customers Performance
TNK
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TNK's Source of Revenues |
Teekay Tankers Ltd's Corporate Customers have recorded an advance in their cost of revenue by 6.98 % in the 4 quarter 2023 year on year, sequentially costs of revenue were trimmed by -1.68 %. During the corresponding time, Teekay Tankers Ltd recorded revenue increase by 28.35 % year on year, While revenue at the Teekay Tankers Ltd 's corporate clients fell by -13.39 % year on year, sequentially revenue grew by 210.09 %.
• List of TNK Customers
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Teekay Tankers Ltd's Customers have recorded an advance in their cost of revenue by 6.98 % in the 4 quarter 2023 year on year, sequentially costs of revenue were trimmed by -1.68 %, for the same period Teekay Tankers Ltd recorded revenue increase by 28.35 % year on year,
• List of TNK Customers
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Customers Net Income grew in Q4 by |
Customers Net margin grew to |
84.61 % |
8.53 % |
Teekay Tankers Ltd's Comment on Sales, Marketing and Customers
Demand for oil tankers is a function of several factors, including world oil
demand and supply (which affect the amount of crude oil and refined products
transported in tankers), and the relative locations of oil production, refining
and consumption (which affects the distance over which the oil or refined products
are transported).
Oil has been one of the world’s primary energy sources for a number of
decades. The International Energy Agency (or IEA) estimated that oil consumption
will increase from 92.5 million barrels per day (or mb/d) in 2014, to 93.6 mb/d
in 2015 driven by increasing consumption in non-OECD countries. A majority of
known oil reserves are located in regions far from major consuming regions,
which contributes positively toward demand for oil tankers.
The distance over which crude oil or refined petroleum products is transported
is determined by seaborne trading and distribution patterns, which are principally
influenced by the relative advantages of the various sources of production and
locations of consumption. Seaborne trading patterns are also periodically influenced
by geopolitical events, such as wars, hostilities and trade embargoes that divert
tankers from normal trading patterns, as well as by inter-regional oil trading
activity created by oil supply and demand imbalances. Historically, the level
of oil exports from the Middle East has had a strong effect on the crude tanker
market due to the relatively long distance between this supply source and typical
discharge points. Over the past few years, the growing economies of China and
India have increased and diversified their oil imports, resulting in an overall
increase in transportation distance for crude tankers. Major consumers in Asia
have increased their crude import volumes from longer-haul producers, such as
those in the Atlantic Basin.
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Teekay Tankers Ltd's Comment on Sales, Marketing and Customers
Demand for oil tankers is a function of several factors, including world oil
demand and supply (which affect the amount of crude oil and refined products
transported in tankers), and the relative locations of oil production, refining
and consumption (which affects the distance over which the oil or refined products
are transported).
Oil has been one of the world’s primary energy sources for a number of
decades. The International Energy Agency (or IEA) estimated that oil consumption
will increase from 92.5 million barrels per day (or mb/d) in 2014, to 93.6 mb/d
in 2015 driven by increasing consumption in non-OECD countries. A majority of
known oil reserves are located in regions far from major consuming regions,
which contributes positively toward demand for oil tankers.
The distance over which crude oil or refined petroleum products is transported
is determined by seaborne trading and distribution patterns, which are principally
influenced by the relative advantages of the various sources of production and
locations of consumption. Seaborne trading patterns are also periodically influenced
by geopolitical events, such as wars, hostilities and trade embargoes that divert
tankers from normal trading patterns, as well as by inter-regional oil trading
activity created by oil supply and demand imbalances. Historically, the level
of oil exports from the Middle East has had a strong effect on the crude tanker
market due to the relatively long distance between this supply source and typical
discharge points. Over the past few years, the growing economies of China and
India have increased and diversified their oil imports, resulting in an overall
increase in transportation distance for crude tankers. Major consumers in Asia
have increased their crude import volumes from longer-haul producers, such as
those in the Atlantic Basin.
TNK's vs. Customers, Data
(Revenue and Income for Trailing 12 Months, in Millions of $, except Employees)
COMPANY NAME |
MARKET CAP |
REVENUES |
INCOME |
EMPLOYEES |
Teekay Tankers Ltd |
2,002.19 |
1,364.45 |
513.67 |
1,239 |
Apa Corporation |
10,528.98 |
10,285.00 |
3,926.00 |
2,253 |
Devon Energy Corp |
31,984.58 |
15,412.00 |
3,825.00 |
1,600 |
Eog Resources Inc |
74,275.16 |
24,186.00 |
7,594.00 |
2,800 |
Broadridge Financial Solutions Inc |
24,410.74 |
6,320.80 |
1,552.00 |
14,300 |
Exxon Mobil Corporation |
468,008.48 |
344,582.00 |
37,354.00 |
63,000 |
Hub Group Inc |
1,299.37 |
4,503.07 |
218.02 |
2,568 |
Bp Plc |
666,894.85 |
213,032.00 |
15,880.00 |
0 |
SUBTOTAL |
1,277,402.16 |
618,320.87 |
70,349.02 |
86,521 |
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